SoT Chartoff - March Week 4 (final round) - RVNBTC

Took entry as explained on the chart and will comment daily on progress.

Kommentera:

Entry : 1410 --> bottom of 15m wedge
Target : 1618 --> untouched weekly
Stop : 1397 --> loss of 1hr level at 1402 (1% loss)
R/R : 14

Trade stängt: Stopp nått:

well that was a quickie :-) .. my worst entry in this chartoff. Still keeping an eye on the chart as still expect a bounce of the trend line

Kommentera:

Trend line didn't hold, now going lower towards that daily.. lets see what happens there...

Order avbruten:

RVN completely failed and falls further... moving on to the next trade.

Kommentera:

So it bounced, at after analysing this, it looks to have bounce from a 12HR level.

Kommentera:

Actually, bounced on a swing high daily level.

Kommentera:

that's so me.. I got stopped out but it hit my target after that.. still learning how to manage this properly..